All Features articles – Page 37
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Features
Merseyside limits losses with low volatility stocks
The £5.1bn local authority pension fund has reduced its losses in recent equity downturns through a low volatility investment strategy.
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Features
UK infrastructure too narrow for Leicestershire
The Leicestershire County Council Pension Fund has split £70m between two global infrastructure funds but feels the size of the UK market is too restrictive.
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Features
Large schemes tighten governance with trustee payments
George Coats discovers a growing trend among large schemes to remunerate non-professional trustees, as they seek to improve governance standards following an increase in complexity of the role.
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FeaturesStrathclyde tackles four main infrastructure risks
Strathclyde Pension Fund has agreed in principle to commit £100m to the Pensions Infrastructure Platform (Pip), and has invested £100,000 to help set up the initiative.
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FeaturesNationwide uses flexible retirement to engage staff
The UK’s biggest building society has benefited from letting staff draw their pension while continuing to work, since the abolition last year of the default retirement age (DRA).
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FeaturesWHSmith doubles surplus through LDI hedging
The newsagent’s pension scheme has managed to double its accounting surplus through its liability-driven investment strategy, following continued low interest rates.
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Features
SME scheme profits by shunning diversification
The Tullett Liberty Pension Scheme has turned a £38m deficit into a £24m surplus by changing its investment strategy to focus on high-conviction growth equities.
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FeaturesDGFs show their worth in volatile times for equities
In this week's Investment Blueprint, Momentum's Michael Allen says the three years of volatile equities prove the case for diversified growth funds (DGFs).
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Features
Improve member knowledge, regulator warns on DC
Defined contribution schemes risk punishment by the Pensions Regulator if they fail to tell members the impact of contributions on their retirement. Ian Smith looks at how DHL and others are meeting the challenge.
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Features
Debate over DC default fee divides schemes
In the run-up to auto-enrolment, DC schemes are in disagreement over the acceptable level of charges for the default option, a schemeXpert.com survey has shown.
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Features
DC schemes dump trackers for multi-asset funds
Schemes have dropped equity trackers for better performing multi-asset and target date funds over the past five years, according to research published this week.
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FeaturesIBM revamps DC default to improve flexibility
IBM is offering greater flexibility to members in their investment choices, with higher and lower risk decumulation strategies available from May.
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Features
IBM fraud scare shows value of data safeguards
The IBM scheme has warned its members about hoax phone calls, underlining the importance of administration and data cleansing to minimise the risk of fraud.
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Features
Council schemes use timber for inflation protection
Pension schemes are beginning to embrace forestry investments as a means of reducing inflation risk. Lisa Botter speaks to three that are making the move.
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Features
Police scheme ill-health fine shows cost of delays
An ombudsman fine concerning the Police Pension Scheme has highlighted the risk of misunderstanding who has the responsibility for ill-health awards and early retirement, finds Pippa Stephens.
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Features
Survey: Schemes concerned over PFI mixed messages
Owen Walker finds schemes are being put off investing in infrastructure due to the UK government’s unclear attitude to private finance initiatives (PFI).
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Features
Molins’ controversial plan to close DB scheme revealed
The FTSE-listed tobacco specialist has announced proposals to make staff chose between a new defined contribution plan or face dismissal in order to reduce its long-term liabilities.
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FeaturesBT poised to plough into farmland for inflation match
The UK’s largest pension fund has set itself a target of investing £1bn in farmland to keep track of inflation, but has struggled to find a suitable investment.
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FeaturesVolatility requires caution from corporate bond investors
In this week's Investment Blueprint, M&G's director of fixed income Bernard Abrahamsen says schemes should be looking for safety in their corporate bond allocation.
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FeaturesBBC diversifies with insurance-linked securities
The broadcaster's scheme said its 1% allocation to ILSs provided “genuine diversification” to equities last year but the market remains limited.